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AmBank Group forecasts ringgit to appreciate further to RM4.5 by year-end

KUALA LUMPUR: AmBank Economic Research is forecasting the ringgit to appreciate further to around RM4.5 by the year-end against the US dollar due to a combination of factors, including the potential narrowing interest rate differentials between the currencies which is more beneficial to the local unit.

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BERNAMA - RINGGIT CREDIT SPREADS OF CORPORATE BONDS SET TO REMAIN TIGHT NEXT YEAR

BERNAMA - RINGGIT CREDIT SPREADS OF CORPORATE BONDS SET TO REMAIN TIGHT NEXT YEAR
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OPR to stimulate growth

With inflation expected to have peaked and global growth becoming weaker, Bank Negara decided to keep interest rates unchanged when its Monetary Policy Committee kept the overnight policy rate (OPR) at 3%.

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MIDF Research: 2023 CPI projected at 3pc, petrol and diesel price status quo

KUALA LUMPUR, Aug 25 — MIDF Research has maintained Malaysia’s Consumer Price Index (CPI) forecast at 3.0 per cent for 2023, despite the latest July data that it has cooled to...

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Quarterly GDP growth likely within market consensus

Signs are pointing to a lower gross domestic product (GDP) number for the second quarter of this year (2Q23) but the economy is expected to be supported by domestic consumption, according to economists.

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Ambank revises upward govt revenue forecast to RM291.5b this year, following Budget 2023 announcement

KUALA LUMPUR, Feb 25 — Ambank Economic Research has revised upward its forecast of government revenue this year to RM291.5 billion, based on the Budget 2023 announcement on...

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Investments and savings the key

KUALA LUMPUR: Malaysia’s stellar economic performance momentum, which is anticipated to start moderating this year, can be mitigated by a sustainable growth model centred on investments and savings, say economists.

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December inflation eases

December inflation eases
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